Bitcoin News: Surge to $110,000 Amid Strategic Bitcoin Reserve Speculation

Bitcoin has reached a new all-time high of $109,558 during early Asian trading hours, coinciding with President Donald Trump’s inauguration day. Market analysts are attributing this surge to the growing speculation that Trump might establish a Strategic Bitcoin Reserve (SBR) through an executive order. This development has been a topic of discussion for months, but the possibility has gained significant traction recently. The establishment of a US Bitcoin reserve could have profound implications for the cryptocurrency market, potentially stabilizing prices and increasing institutional adoption. As the market continues to react to these rumors, Bitcoin's price trajectory remains a focal point for investors and analysts alike.

Bitcoin Soars Towards $110,000 As Reserve Rumors Heat Up

Bitcoin has surged to a new all-time high of $109,558 during early Asian trading hours, aligning with President Donald Trump’s inauguration day. market observers point to the heightened possibility that Trump might establish a Strategic Bitcoin Reserve (SBR) through an executive order—one of possibly 100 he could sign immediately upon taking office. Talk of a US Bitcoin reserve under Trump has circulated for months, but speculation intensified when Polymarket, a crypto-based prediction platform, showed a sudden spike in the odds of such a reserve forming within Trump’s first 100 days. The odds, which hit 59%, quickly preceded Bitcoin’s pump to its fresh peak. In the past, Trump campaigned on potentially transferring all seized BTC by law enforcement into a government-held reserve.

Bitcoin Price Plunge Sparks $1 Billion Liquidation Frenzy

The cryptocurrency market experienced nearly $1 billion in liquidations within 24 hours due to Bitcoin's significant price decline below the $100,000 threshold. This event triggered a wave of liquidations, particularly affecting long accounts, and led to a substantial decline in key altcoins. Approximately 406,000 traders liquidated almost $1.2 billion worth of assets, with $920 million in long sales and $260 million in short sales.

Bitcoin Price Prediction: Is Trump’s Meme Coin a Sign of Relaxing Regulation—Can BTC Hit $250K This Cycle?

Bitcoin is once again in the spotlight, shattering the $100K milestone and hovering NEAR $104.65K in the last 24 hours, despite trading volume falling 28.93% to $49.63 billion. These figures point to market confidence, with states like Wyoming and Massachusetts exploring Bitcoin reserves. However, the debut of Trump’s meme coin is grabbing attention too, hinting that political circles could be warming to digital assets. If regulators follow suit, Bitcoin might have a smoother ride ahead. Meanwhile, a project called Remittix has raised over $3.7 million in its Remittix presale, offering an alternative. Observers wonder if BTC could reach $250K this cycle.

100% of Bitcoin Holders in Profit Amid Trump's Inauguration

Following a surge in Bitcoin's price ahead of President Donald Trump's inauguration, analytics platform IntoTheBlock reported that 100% of Bitcoin holders are now in profit. This marks the first time since the November crypto frenzy that all BTC holders have been in profit, with the coin's price soaring from around $80,000 to a new all-time high above $108,000. President Trump has been vocal about supporting crypto-friendly regulations to position the U.S. as a Bitcoin hub. During his campaign, he promised to implement industry-friendly regulations within his first 100 days in office to boost the crypto market's growth in the country.

Bitcoin Futures Funding Rate Surges Amid Trump-Driven $109K ATH Rally

Bitcoin’s Futures Perpetual Funding Rate has surged to 0.035%, its highest since December 5, indicating heightened speculative interest. This trend has come as Bitcoin hit a new peak of over $109,000 on Monday, just hours ahead of Donald Trump’s presidential inauguration. The funding rate briefly turned negative earlier this month when Bitcoin was trading near $94,000, likely forming a local bottom. A positive funding rate means that long traders periodically pay short traders, while a negative rate indicates the reverse. In bullish market conditions, Bitcoin typically maintains a positive funding rate as traders anticipate continued price increases. However, excessive Optimism can lead to an overheated market, causing price reversals and widespread liquidations.